Walnut Grove, AL Profile: Facts & Data

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Walnut Grove, Alabama - Basic Facts

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The Town of Walnut Grove had a population of 763 as of July 1, 2022. Walnut Grove ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Alabama. See peer rankings below.

The primary coordinate point for Walnut Grove is located at latitude 34.0657 and longitude -86.3064 in Etowah County. The formal boundaries for the Town of Walnut Grove encompass a land area of 5.03 sq. miles and a water area of 0.01 sq. miles. Etowah County is in the Central time zone (GMT -6). The elevation is 860 feet.

The Town of Walnut Grove has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alabama is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Walnut Grove is located within Altoona Division of Etowah County.

Alternate Unofficial Names for Walnut Grove: Cornelia, Cornelius, Thomas Crossroads, Walnutgrove.

Jump to... (On This Page!)
  1. Walnut Grove 2022 Demographic Data
  2. Growth Rates for Walnut Grove (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Alabama Research Tools (Easy Tools & Current Data)
  3. Alabama Data Comparison Tool - 2022 Demographics
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Walnut Grove, AL Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 763 (100%)
Population in Households 744 (97.5%)
Population in Families 622 (81.5%)
Population in Group Quarters1 19 ( 2.5%)
Population Density 152
Diversity Index2 21
 
 

INCOME

Median Household Income $40,738
Average Household Income $57,236
% of Income for Mortgage4 16%
Per Capita Income $22,090
Wealth Index5 40
 

HOUSING

Total HU (Housing Units) 337 (100%)
Owner Occupied HU 220 (65.3%)
Renter Occupied HU 94 (27.9%)
Vacant Housing Units 24 ( 7.1%)
Median Home Value $120,417
Average Home Value $132,078
Housing Affordability Index3 177
 

HOUSEHOLDS

Total Households 313
Average Household Size 2.38
Family Households 215
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -0.58% -0.32%
Households -0.70% -0.26%
Families   -0.37%
Median Household Income   1.85%
Per Capita Income   3.75%
Owner Occupied HU   0.18%

Walnut Grove, AL - Peer Comparisons by Rank and Percentile

The table below compares Walnut Grove to the other 593 incorporated cities, towns and CDPs in Alabama by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 348 41st
Population Density # 386 35th
Median Household Income # 450 24th
Housing Affordability Index # 316 53rd
Per Capita Income # 503 15th
Diversity Index # 513 14th

Additional comparisons and rankings can be made with a VERY EASY TO USE Alabama Census Data Comparison Tool.

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